Schemes and Steps to Enhance the Income of Farmers (Important) (Download PDF)

()

Download PDF of This Page (Size: 298.97 K)

Government is taking several steps to enhance the income of farmers. The target for government is to double farmer’s income by 2022. In addition to government schemes below, other market interventions such as Price Stabilization Fund and Food Corporation of India operations will enhance the income of farmers.

Schemes and Steps to Enhance the Income of Farmers

Schemes and Steps to Enhance the Income of Farmers

Schemes and Steps to Enhance the Income of Farmers

  • Soil Health Card (SHC) scheme allows farmers to know major and minor nutrients available in soils ensuring judicious use of fertilizers, reduce cost of inputs, and improve soil fertility.
  • Neem Coated Urea regulates use of urea, enhances its crop-availability, and reduces cost. All domestically manufactured and imported urea is now neem coated.
  • Paramparagat Krishi Vikas Yojana (PKVY) now promoting organic farming in the country, improving soil health and organic matter content and increasing net income of the farmer through premium prices.
  • The Pradhan Mantri Krishi Sinchai Yojana (PMKSY) expands cultivated area with assured irrigation, reduce wastage of water, and improved water use efficiency.
  • The National Agriculture Market scheme (e-NAM) envisages initiation of e-marketing platform at national level and supports creation of infrastructure for e-marketing. It envisages better price discovery, transparency, and competition for improved remuneration and move towards ‘One Nation One Market’.
  • Pradhan Mantri Fasal Bima Yojana (PMFBY) is being implemented from Kharif 2016 season and is available to the farmers at low rates of premium. This scheme would provide insurance cover for all stages of the crop cycle including post-harvest risks in specified instances.
  • Interest subvention of 3 % on short-term crop loans up to Rs. 3.00 lakh. Presently, loan available to farmers at 7%, which is reduced to 4 % on prompt repayment. Under Interest Subvention Scheme 2016 - 17, on occurrence of natural calamities, the interest subvention of 2 % is available to banks for the first year
  • Rashtriya Krishi Vikas Yojana (RKVY) is provides focused attention for increasing production and productivity with States provided flexibility and autonomy for selection of projects.
  • National Food Security Mission (NFSM) - NFSM-Pulses is for increasing the production and productivity of rice, wheat, pulses and coarse cereal crops. NFSM provides assistance to farmers for distributing HYVs-Hybrids seeds, production of seeds (only in pulses), INM and IPM techniques, resource conservation farm mechanization, efficient water application tools, cropping system-based trainings.
  • National Mission on Oilseeds and Oil Palm (NMOOP) envisages increasing production and productivity of oilseeds for meeting the domestic requirement of vegetable oil.
  • Mission for Integrated Development of Horticulture (MIDH is for holistic growth of the horticulture sector covering fruits, vegetable, root and tuber crops, mushrooms, spices, flowers, aromatic plants, coconut, cashew, cocoa and bamboo.
  • New model Agricultural Produce and Livestock Marketing (Promotion & Facilitation) Act, 2017 put forward for adoption by the States, provides alternate markets beyond the existing APMC regulated market yards including private markets, direct marketing, farmer-consumer markets, and special commodity markets. It also provides for declaring warehouses (silos, cold storages) or such structures as market sub yards and Market-Yards of National Importance (MNI) to reduce the number of intermediaries between producer and buyer.
  • Government procures wheat and paddy under its ‘MSP operations’ and implements Market Intervention Scheme (MIS) for agricultural and horticultural commodities to protect from distress sale during bumper crop when prices fall below the cost of production. To incentivize cultivation of pulses and oilseeds there is bonus for Kharif 2017 - 18, over & above the approved MSP.
  • Government focusing on ancillary activities like Bee-keeping for increasing of farmers’ income.

- Published/Last Modified on: September 6, 2017

Govt. Schemes/Projects

Monthy-updated, fully-solved, large current affairs-2019 question bank(more than 2000 problems): Quickly cover most-important current-affairs questions with pointwise explanations especially designed for IAS, NTA-NET, Bank-PO and other competetive exams.